Growth in the pet insurance market in 2011 and 2012 continued to be driven by rising claims costs, which were met by increases to premiums. Without significant improvement in the economic climate, policy numbers remain fairly static, adding to the squeeze on insurers' books. This will continue to be the case until economic growth returns.

Scope- Ensure your strategy is robust against the key issues facing the pet insurance market- Gage the market's profitability, the factors that influenced its performance, and how insurers are adapting to this.- Map your business plan against Datamonitor's forecasted GWP for the market.- Analyze the impact new regulations will have on the market.

Pet insurance market profitability improved as the gross loss ratio decreased to 69.9% in 2012. Pet insurance remains the most stable of the personal lines, as it is not vulnerable to large-scale events such as flooding.

Co-insurance clauses in policies are becoming more mainstream, as controlling claims inflation increases in importance for insurers.

Reasons to purchase this report- How has the pet insurance market grown over the 2011-12 period, and how is it expected to fare in the years leading up to 2017?- Has the pet insurance market been profitable over the past two years, and what were the main factors affecting claims inflation?- What are the key issues that will shape the market in 2013 and beyond?

•Introduction•Claims inflation was the key driver behind GWP growth in 2012- The pet insurance market expanded by 5.4% in 2012- The UK cat and dog population saw modest growth in 2012- Changes in lifestyles are increasing the preference for cats- Market penetration needs to increase for pet insurance to be sustainable- Product penetration for cats remains low

•Profitability continued to improve in 2012, achieving a gross loss ratio of 69.9%- The market's gross loss ratio continued its improvement in 2012- GWP growth followed gross claims incurred relatively closely in the past few years- Increased veterinary costs was the main culprit behind claims inflation- Flat-rate excess may have negative consequences for the health of the industry

•Co-insurance and aggregators will be the major issues shaping pet insurance- Co-insurance clauses will become more mainstream as the industry seeks to control claims inflation- Aggregators are focusing more on pet insurance, but plenty of room for growth remains- The need to compare different policies is supporting an increase in transparency- Insurers are targeting the lower end of the market with accident- and injury-only policies- Accident-only policies can be used to upsell to customers conducting research on aggregators- Maturing books of business will force insurers to focus on profitability instead of market share- Product penetration needs to increase if pet insurance is to be a sustainable market

•Conclusion

APPENDIX

•Abbreviations and acronyms•Definitions- Premium income measures- Distribution definitions- Other

•Figure: The pet insurance market grew by 5.4% in 2012, mainly on the back of rate increases•Figure: The cat population increased by 3.0% in 2012•Figure: Marketing activity needs to focus on cat insurance to increase product penetration•Figure: The pet insurance loss ratio is less volatile in comparison to other personal lines•Figure: GWP growth follows gross claims incurred relatively closely•Figure: The number of unemployed individuals decreased by 4.1% in 2012•Figure: One- and two-person households have increased in proportion over the past few decades•Figure: The increase in the urban population means less open spaces for dogs•Figure: GWP growth will pick up as the UK economy recovers•Figure: The industry's overall risk exposure grew by over 35% from 2007 to 2012

Smart cities have the potential to change our lives at so many levels for citizens: less pollution, reduced parking obstacles, better health, education and more energy savings. Real-time data streaming and the Internet of Things (IoT) possess the power to turn this vision into a reality. However, most organizations today are building their data infrastructure to focus solely on addressing immediate business needs vs. a platform capable of quickly adapting emerging technologies to address future ...

SYS-CON Events announced today that Taica will exhibit at the Japan External Trade Organization (JETRO) Pavilion at SYS-CON's 21st International Cloud Expo®, which will take place on Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA.
Taica manufacturers Alpha-GEL brand silicone components and materials, which maintain outstanding performance over a wide temperature range -40C to +200C. For more information, visit http://www.taica.co.jp/english/.

In his session at @ThingsExpo, Greg Gorman is the Director, IoT Developer Ecosystem, Watson IoT, will provide a short tutorial on Node-RED, a Node.js-based programming tool for wiring together hardware devices, APIs and online services in new and interesting ways. It provides a browser-based editor that makes it easy to wire together flows using a wide range of nodes in the palette that can be deployed to its runtime in a single-click.
There is a large library of contributed nodes that help so...

SYS-CON Events announced today that Daiya Industry will exhibit at the Japan External Trade Organization (JETRO) Pavilion at SYS-CON's 21st International Cloud Expo®, which will take place on Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA.
Daiya Industry specializes in orthotic support systems and assistive devices with pneumatic artificial muscles in order to contribute to an extended healthy life expectancy.
For more information, please visit https://www.daiyak...

Many companies start their journey to the cloud in the DevOps environment, where software engineers want self-service access to the custom tools and frameworks they need. Machine learning technology can help IT departments keep up with these demands.
In his session at 21st Cloud Expo, Ajay Gulati, Co-Founder, CTO and Board Member at ZeroStack, will discuss the use of machine learning for automating provisioning of DevOps resources, taking the burden off IT teams.

What is the best strategy for selecting the right offshore company for your business?
In his session at 21st Cloud Expo, Alan Winters, U.S. Head of Business Development at MobiDev, will discuss the things to look for - positive and negative - in evaluating your options. He will also discuss how to maximize productivity with your offshore developers.
Before you start your search, clearly understand your business needs and how that impacts software choices.

Most of the time there is a lot of work involved to move to the cloud, and most of that isn't really related to AWS or Azure or Google Cloud. Before we talk about public cloud vendors and DevOps tools, there are usually several technical and non-technical challenges that are connected to it and that every company needs to solve to move to the cloud.
In his session at 21st Cloud Expo, Stefano Bellasio, CEO and founder of Cloud Academy Inc., will discuss what the tools, disciplines, and cultural...

SYS-CON Events announced today that Cedexis will exhibit at SYS-CON's 21st International Cloud Expo®, which will take place on Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA.
Cedexis is the leader in data-driven enterprise global traffic management. Whether optimizing traffic through datacenters, clouds, CDNs, or any combination, Cedexis solutions drive quality and cost-effectiveness.

SYS-CON Events announced today that SIGMA Corporation will exhibit at the Japan External Trade Organization (JETRO) Pavilion at SYS-CON's 21st International Cloud Expo®, which will take place on Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA.
uLaser flow inspection device from the Japanese top share to Global Standard! Then, make the best use of data to flip to next page. For more information, visit http://www.sigma-k.co.jp/en/.

Is advanced scheduling in Kubernetes achievable?
Yes, however, how do you properly accommodate every real-life scenario that a Kubernetes user might encounter?
How do you leverage advanced scheduling techniques to shape and describe each scenario in easy-to-use rules and configurations?
In his session at @DevOpsSummit at 21st Cloud Expo, Oleg Chunikhin, CTO at Kublr, will answer these questions and demonstrate techniques for implementing advanced scheduling. For example, using spot instances ...

SYS-CON Events announced today that Yuasa System will exhibit at the Japan External Trade Organization (JETRO) Pavilion at SYS-CON's 21st International Cloud Expo®, which will take place on Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA.
Yuasa System is introducing a multi-purpose endurance testing system for flexible displays, OLED devices, flexible substrates, flat cables, and films in smartphones, wearables, automobiles, and healthcare.

SYS-CON Events announced today that B2Cloud will exhibit at SYS-CON's 21st International Cloud Expo®, which will take place on Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA.
B2Cloud specializes in IoT devices for preventive and predictive maintenance in any kind of equipment retrieving data like Energy consumption, working time, temperature, humidity, pressure, etc.

Today traditional IT approaches leverage well-architected compute/networking domains to control what applications can access what data, and how. DevOps includes rapid application development/deployment leveraging concepts like containerization, third-party sourced applications and databases. Such applications need access to production data for its test and iteration cycles. Data Security? That sounds like a roadblock to DevOps vs. protecting the crown jewels to those in IT.

SYS-CON Events announced today that NetApp has been named “Bronze Sponsor” of SYS-CON's 21st International Cloud Expo®, which will take place on Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA.
NetApp is the data authority for hybrid cloud. NetApp provides a full range of hybrid cloud data services that simplify management of applications and data across cloud and on-premises environments to accelerate digital transformation. Together with their partners, NetApp em...

Many companies start their journey to the cloud in the DevOps environment, where software engineers want self-service access to the custom tools and frameworks they need. Machine learning technology can help IT departments keep up with these demands.
In his session at 21st Cloud Expo, Ajay Gulati, Co-Founder, CTO and Board Member at ZeroStack, will discuss the use of machine learning for automat...

DevSecOps – a trend around transformation in process, people and technology – is about breaking down silos and waste along the software development lifecycle and using agile methodologies, automation and insights to help get apps to market faster. This leads to higher quality apps, greater trust in organizations, less organizational friction, and ultimately a five-star customer experience.
These...

Containers are the future of web development, in large part thanks to Docker’s explosive growth. According to DataDog, 15 percent of hosts run Docker, which is significantly up from the 6 percent of hosts running it at this point in 2015. LinkedIn has also seen a 160 percent increase in profile references to Docker in just the past year alone, indicating Docker has become a much bigger priority fo...

Is advanced scheduling in Kubernetes achievable?
Yes, however, how do you properly accommodate every real-life scenario that a Kubernetes user might encounter?
How do you leverage advanced scheduling techniques to shape and describe each scenario in easy-to-use rules and configurations?
In his session at @DevOpsSummit at 21st Cloud Expo, Oleg Chunikhin, CTO at Kublr, will answer these questions...

The nature of the technology business is forward-thinking. It focuses on the future and what’s coming next. Innovations and creativity in our world of software development strive to improve the status quo and increase customer satisfaction through speed and increased connectivity.
Yet, while it's exciting to see enterprises embrace new ways of thinking and advance their processes with cutting edg...

Okay, so my vacations don’t necessary seem like other folks’ vacations. Yes, we relax. Yes, we spend too much money. Yes, we eat too much food. But for some reason, unusual learning opportunities pop up during our vacations, and this year’s vacation was no different. This year’s vacation theme was… logistics.
Our logistics foray started by watching the artsy-fartsy movie “The Lunchbox.” I hate ar...

With the modern notion of digital transformation, enterprises are chipping away at the fundamental organizational and operational structures that have been with us since the nineteenth century or earlier.
One remarkable casualty: the business process. Business processes have become so ingrained in how we envision large organizations operating and the roles people play within them that relegating ...

Blockchain. A day doesn’t seem to go by without seeing articles and discussions about the technology. According to PwC executive Seamus Cushley, approximately $1.4B has been invested in blockchain just last year. In Gartner’s recent hype cycle for emerging technologies, blockchain is approaching the peak. It is considered by Gartner as one of the ‘Key platform-enabling technologies to track.’ Whil...

Our cities have been connected since the dawn of urbanization in the Indus Valley and on the plains of Mesopotamia nearly ten millennia ago. Cities exist to gather and connect people, bringing us together into communities and joint ventures that need complex networks of communication. But in recent years the connected city has come to mean something more. Today and in the future, the connected cit...

Every time there’s a notable cybersecurity breach, someone (even me) writes a comprehensive primer on the proper way to create “secure” passwords. Lather, rinse, repeat. Until a few years ago, everyone (including me) based their password advice on a 2003 paper from the National Institute of Standards and Technology (NIST), with the catchy title “NIST Special Publication 800-63.” The paper recommen...

These days, APIs have become an integral part of the digital transformation journey for all enterprises. Every digital innovation story is connected to APIs . But have you ever pondered over to know what are the source of these APIs? Let me explain - APIs sources can be varied, internal or external, solving different purposes, but mostly categorized into the following two categories. Data lakes is...

Today most companies are adopting or evaluating container technology - Docker in particular - to speed up application deployment, drive down cost, ease management and make application delivery more flexible overall.
As with most new architectures, this dream takes significant work to become a reality. Even when you do get your application componentized enough and packaged properly, there are sti...

Automation is enabling enterprises to design, deploy, and manage more complex, hybrid cloud environments. Yet the people who manage these environments must be trained in and understanding these environments better than ever before. A new era of analytics and cognitive computing is adding intelligence, but also more complexity, to these cloud environments. How smart is your cloud? How smart should ...

“Self-driving cars are the future of ride-sharing,” proclaimed an industry expert who shall remain nameless. The comment struck me as ridiculous. From my point of view, Uber (and all car services) already provide self-driving cars. You don’t drive the car; the driver does. Do you really care whether the car is controlled by a human/machine partnership or it’s an autonomous mechanical device? Other...

21st International Cloud Expo, taking place October 31 - November 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA, will feature technical sessions from a rock star conference faculty and the leading industry players in the world. Cloud computing is now being embraced by a majority of enterprises of all sizes. Yesterday's debate about public vs. private has transformed into the rea...

It takes years – sometimes a lifetime – to perfect certain skills in life: hitting a jump shot off the dribble, nailing that double high C on the trumpet, parallel parking a Ford Expedition. Malcolm Gladwell wrote a book, “Outliers,” discussing the amount of work – 10,000 hours – required to perfect a skill (while the exactness of 10,000 hours has come under debate, it is still a useful point that...

Thanks to the plethora of communication and messaging apps available to the average user, unified communications (UC) is becoming more important than ever before. UC is a set of products and services designed to give employees a uniform communications experience, integrating different apps and channels to a singular point of interaction. For example, UC might allow a transcript of a voicemail to b...

‘Trend’ is a pretty common business term, but its definition tends to vary by industry. In performance monitoring, trend, or trend shift, is a key metric that is used to indicate change.
Change is inevitable. Today’s websites must frequently update and change to keep up with competition and attract new users, but such changes can have a negative impact on the user experience if not managed proper...

Agile has finally jumped the technology shark, expanding outside the software world. Enterprises are now increasingly adopting Agile practices across their organizations in order to successfully navigate the disruptive waters that threaten to drown them. In our quest for establishing change as a core competency in our organizations, this business-centric notion of Agile is an essential component o...

Cloud computing budgets worldwide are reaching into the hundreds of billions of dollars, and no organization can survive long without some sort of cloud migration strategy. Each month brings new announcements, use cases, and success stories.